Bombardier is unlikely to rely on the provincial or federal governments if the Quebec aircraft manufacturer is indeed looking at investors for its aeronautical activities.

According to Bloomberg, the Montreal-based multinational is considering selling off its manufacturing activities for the CRJ regional jets — which are assembled in Mirabel — as well as the Q400 propeller planes, which are assembled in Toronto.

European giant Airbus is among the potential buyers, according to Bloomberg, citing anonymous sources.

The Quebec government, which has already injected $1-billion into the CSeries, has “done its part” in the aeronautics sector, said the Minister of Economy, Dominique Anglade, Monday.

She was answering a question about whether Quebec could once again fly to Bombardier’s aid by investing in the CRJ or Q400 programs.

At the same time, Federal Minister of Innovation, Science and Economic Development Navdeep Bains explained that “partnerships” with Bombardier were focused on stimulating investment in “research and development.”

The $372.5 million loan to the aircraft manufacturer from Ottawa this year was aimed at further developing the CSeries as well as the Global 7000 business aircraft.

The disclosure comes after two recent U.S. Department of Commerce preliminary rulings that resulted in the imposition of countervailing duties of approximately 300 per cent on CSeries jets sent to the United States.

At midday, on the Toronto Stock Exchange, Bombardier shares were trading at $ 2.36, up three cents, or 1.29 per cent.